Management Group at Tivoli Village Shifts Focus from National Brick and Mortar Retail Strategy to Premiere Experiential Lifestyle Concept

Tivoli Village and Property & Building Corp. USA, announced its localized efforts to create an experiential community center, becoming the pre-eminent accessible lifestyle destination in Las Vegas. This new direction focuses on local operations, shifting away from traditional mall and recognized anchor tenants. Tivoli Village announced its separation from national chain property management company, Pacific Retail Capital Partners (PRCP), resuming control of their operations, leasing and marketing activities. Tivoli Village is focused on delivering a mix of unique amenities, Class A office space, boutique retailers and restaurant options.

Led by visionary General Manager, Philip Knott, alongside ownership, a new executive team is being created which will include operational managers formerly from International Market Centers and Station Casinos, to create the needed experiential platform.

“We are excited to roll out the next-generation shopping experience at Tivoli Village and respond to the consumer demand for social experiences” says Philip Knott, General Manager of Tivoli Village.“Tivoli IS a community village, it is more than a shopping destination, it is a unique, local, and un-chain-like environment where people can convene for joint experiences”

Powerhouse real estate entrepreneur, John Tippins of NorthCap will spearhead the retail leasing efforts, as well as identify key partners for venue growth and expansion. In its mission to create new social experiences at Tivoli Village, Tippins has secured relationships with the renown LEV Restaurant Group, and plans to introduce a new concept in the future. Continuing the positive momentum, the team is also aligned with Clique Hospitality and restaurant gurus, Ryan Labbe and Jason ‘JRoc’ Craig, who specialize in approachable dining and transcending hospitality through service and quality.

“To create the ultimate lifestyle destination, we are also securing a partnership with a hotel operator, and a residential developer to compliment the exponential amount of guests that will be on the walkabout campus to support the local retail,” said John Tippins, CEO of NorthCap, a leading real estate company focused on acquisition, brokerage and property management with a long history of working with local tenants.

Located in the heart of Summerlin, the lifestyle center offers something for every customer, including cigar bar, art galleries upscale restaurants, coffee house, and wellness options. The ambient atmosphere is surrounded by a picturesque European architectural design, fountains, cobblestone streets, sidewalks which makes Tivoli Village, a community within a community. Tivoli boasts 3,200 easily accessible underground parking spaces within proximity to the courthouse and Summerlin Parkway.

The premiere destination, Tivoli Village, continues to provide neighborly style events, such as the upcoming White Party in July, benefiting the Just One Project charity, the family-friendly, ‘Americana Afternoon’ on July 4, and the ‘Circo Massimo’ automobile show, this summer. Weekly anticipated on-going signature events include:Patio Happy Hour Fridays, Farmers & Maker’s Market Saturdays, and Art & Design Tuesdays.In their mission to also provide culture experiences, Tivoli Village partners with non-profit, Las Vegas Philharmonic, with its ‘Symphony under the Stars,’ offering free, community musical gatherings, in its grassy, wide-open Piazza area.

About Tivoli Village

Anchored by Restoration Hardware’s RH Las Vegas, Tivoli Village is complemented by a curated collection of retailers ranging from luxury brands to one-of-a-kind boutiques. Enticing restaurants range from local favorite, Echo & Rig Butcher and Steakhouse, to national standout, Brio Tuscan Grille, while an upscale gym, LookStyle Society and Dance With Me serve as experiential destinations beyond traditional retail and dining options. Located in one of the most affluent sections of Southern Nevada, Tivoli Village is 15 minutes from the Las Vegas Strip, conveniently situated near the Summerlin Parkway. The center proudly boasts 370,000 square feet of retail and restaurants and 300,000 square feet of Class A office space. Tivoli most recently brought in Tesla charging stations (the only Tesla stations located on North Western Las Vegas) along with charging stations for other electric vehicles.

PBC USA is the global real estate investment arm of Israel based, Property & Building Corp LTD. (TASE: PBTL). One of Israel’s largest diversified real estate companies with assets ranging from suburban strip malls to premier office buildings in primary global markets. Property & Building Corp USA is a long term holder and an active acquirer of commercial real estate assets in North America and Europe. The company is headquartered at one of its Trophy assets located at 452 Fifth Avenue, in New York City overlooking Bryant Park. http://www.pbc.co.il/en